Key facts
- This page summarizes LUMINUS MANAGEMENT LLC's Form 4/A - Amendment filing for BATTALION OIL CORP (BATL).
- 7 reported transactions and 9 derivative rows are listed below.
- Accepted by SEC: 26 May 2026, 21:17.
LUMINUS MANAGEMENT LLC - 30 Mar 2026 Form 4/A - Amendment Insider Report for BATTALION OIL CORP (BATL)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- BATL
- Reported as of
- 30 Mar 2026
- Net transaction value
- -$8,625,138
- SEC form
- 4/A - Amendment
- Accepted by SEC
- 26 May 2026, 21:17:36 UTC
- Original report date
- 01 Apr 2026
- Prior SEC filing
- 26 May 2026
- Next SEC filing
- 26 May 2026
- Source filing
- View source filing
- Reporting owner signature
- Luminus Management, LLC By: /s/ Jonathan Barrett Name: Jonathan Barrett Title: President
Source evidence
Original filing metadata and source links for verification.
6 source fields
Reporting owner
1 detail
Key filing fact
LUMINUS MANAGEMENT LLC filed Form 4/A - Amendment for BATTALION OIL CORP (BATL) on 26 May 2026.
Change
- Previous filing in this sequence was filed on 26 May 2026.
- Current net transaction value: -$8,625,138.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4/A - Amendment disclosures.
Reporting Owners (3)
CIK 0001279151
Primary reporting owner
LUMINUS MANAGEMENT LLC
- Relationship
- 10%+ Owner
- Address
- 1811 BERING DRIVE, SUITE 400, HOUSTON
- Signature
- Luminus Management, LLC By: /s/ Jonathan Barrett Name: Jonathan Barrett Title: President
- Signature date
- 26 May 2026
CIK 0001405850
Luminus Energy Partners Master Fund, Ltd.
- Relationship
- 10%+ Owner
- Address
- 1811 BERING DRIVE, SUITE 400, HOUSTON
- Signature
- Luminus Energy Partners Master Fund, Ltd., By: Luminus Management, LLC, as manager By: /s/ Jonathan Barrett Name: Jonathan Barrett Title: President
- Signature date
- 26 May 2026
CIK 0001731639
Barrett Jonathan Dan
- Relationship
- Director, 10%+ Owner
- Address
- 1811 BERING DRIVE, SUITE 400, HOUSTON
- Signature
- By: /s/ Jonathan Barrett Name: Jonathan Barrett
- Signature date
- 26 May 2026
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BATL
transaction
Common Stock
Sale
- Transaction value
- $3,807,377
- Shares
- -681,105
- Change %
- -32%
- Price
- $5.59
- Shares after
- 1,415,885
- Date
- 30 Mar 2026
- Ownership
- See Footnote
- Footnotes
- F1, F2, F3, F4, F5
BATL
transaction
Common Stock
Sale
- Transaction value
- $3,807,377
- Shares
- -681,105
- Change %
- -32%
- Price
- $5.59
- Shares after
- 1,415,885
- Date
- 30 Mar 2026
- Ownership
- See Footnote
- Footnotes
- F1, F2, F3, F4, F5
BATL
transaction
Common Stock
Sale
- Transaction value
- $3,807,377
- Shares
- -681,105
- Change %
- -32%
- Price
- $5.59
- Shares after
- 1,415,885
- Date
- 30 Mar 2026
- Ownership
- See Footnote
- Footnotes
- F1, F2, F3, F4, F5
BATL
transaction
Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +1,800,000
- Change %
- +127%
- Price
- $0.000000*
- Shares after
- 3,215,885
- Date
- 30 Mar 2026
- Ownership
- See Footnote
- Footnotes
- F3, F4, F5, F6
BATL
transaction
Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +1,800,000
- Change %
- +127%
- Price
- $0.000000*
- Shares after
- 3,215,885
- Date
- 30 Mar 2026
- Ownership
- See Footnote
- Footnotes
- F3, F4, F5, F6
BATL
transaction
Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +1,800,000
- Change %
- +127%
- Price
- $0.000000*
- Shares after
- 3,215,885
- Date
- 30 Mar 2026
- Ownership
- See Footnote
- Footnotes
- F3, F4, F5, F6
BATL
transaction
Common Stock
Sale
- Transaction value
- $3,359,456
- Shares
- -872,586
- Change %
- -27%
- Price
- $3.85
- Shares after
- 2,343,299
- Date
- 31 Mar 2026
- Ownership
- See Footnote
- Footnotes
- F3, F4, F5, F7, F8
BATL
transaction
Common Stock
Sale
- Transaction value
- $3,359,456
- Shares
- -872,586
- Change %
- -27%
- Price
- $3.85
- Shares after
- 2,343,299
- Date
- 31 Mar 2026
- Ownership
- See Footnote
- Footnotes
- F3, F4, F5, F7, F8
BATL
transaction
Common Stock
Sale
- Transaction value
- $3,359,456
- Shares
- -872,586
- Change %
- -27%
- Price
- $3.85
- Shares after
- 2,343,299
- Date
- 31 Mar 2026
- Ownership
- See Footnote
- Footnotes
- F3, F4, F5, F7, F8
BATL
transaction
Common Stock
Sale
- Transaction value
- $1,458,305
- Shares
- -336,791
- Change %
- -14%
- Price
- $4.33
- Shares after
- 2,006,508
- Date
- 31 Mar 2026
- Ownership
- See Footnote
- Footnotes
- F3, F4, F5, F7, F9
BATL
transaction
Common Stock
Sale
- Transaction value
- $1,458,305
- Shares
- -336,791
- Change %
- -14%
- Price
- $4.33
- Shares after
- 2,006,508
- Date
- 31 Mar 2026
- Ownership
- See Footnote
- Footnotes
- F3, F4, F5, F7, F9
BATL
transaction
Common Stock
Sale
- Transaction value
- $1,458,305
- Shares
- -336,791
- Change %
- -14%
- Price
- $4.33
- Shares after
- 2,006,508
- Date
- 31 Mar 2026
- Ownership
- See Footnote
- Footnotes
- F3, F4, F5, F7, F9
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BATL
transaction
Derivative
Series A-2 Redeemable Convertible Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- +7,803
- Change %
- +486%
- Price
- Shares after
- 9,408
- Date
- 30 Mar 2026
- Ownership
- See Footnote
- Underlying class
- Common Stock
- Underlying amount
- Exercise price
- Footnotes
- F5, F6, F10, F11, F12, F13
BATL
transaction
Derivative
Series A-2 Redeemable Convertible Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- +7,803
- Change %
- +486%
- Price
- Shares after
- 9,408
- Date
- 30 Mar 2026
- Ownership
- See Footnote
- Underlying class
- Common Stock
- Underlying amount
- Exercise price
- Footnotes
- F5, F6, F10, F11, F12, F13
BATL
transaction
Derivative
Series A-2 Redeemable Convertible Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- +7,803
- Change %
- +486%
- Price
- Shares after
- 9,408
- Date
- 30 Mar 2026
- Ownership
- See Footnote
- Underlying class
- Common Stock
- Underlying amount
- Exercise price
- Footnotes
- F5, F6, F10, F11, F12, F13
BATL
transaction
Derivative
Cash-Settled Total Return Swaps
Sale
- Transaction value
- Shares
- -131,291
- Change %
- -100%
- Price
- $13.78*
- Shares after
- 0
- Date
- 30 Mar 2026
- Ownership
- See Footnote
- Underlying class
- Common Stock
- Underlying amount
- 131,291
- Exercise price
- Footnotes
- F5, F14
BATL
transaction
Derivative
Cash-Settled Total Return Swaps
Sale
- Transaction value
- Shares
- -131,291
- Change %
- -100%
- Price
- $13.78*
- Shares after
- 0
- Date
- 30 Mar 2026
- Ownership
- See Footnote
- Underlying class
- Common Stock
- Underlying amount
- 131,291
- Exercise price
- Footnotes
- F5, F14
BATL
transaction
Derivative
Cash-Settled Total Return Swaps
Sale
- Transaction value
- Shares
- -131,291
- Change %
- -100%
- Price
- $13.78*
- Shares after
- 0
- Date
- 30 Mar 2026
- Ownership
- See Footnote
- Underlying class
- Common Stock
- Underlying amount
- 131,291
- Exercise price
- Footnotes
- F5, F14
BATL
transaction
Derivative
Cash-Settled Total Return Swaps
Sale
- Transaction value
- Shares
- -13,330
- Change %
- -100%
- Price
- $13.78*
- Shares after
- 0
- Date
- 30 Mar 2026
- Ownership
- See Footnote
- Underlying class
- Common Stock
- Underlying amount
- 13,330
- Exercise price
- Footnotes
- F5, F14
BATL
transaction
Derivative
Cash-Settled Total Return Swaps
Sale
- Transaction value
- Shares
- -13,330
- Change %
- -100%
- Price
- $13.78*
- Shares after
- 0
- Date
- 30 Mar 2026
- Ownership
- See Footnote
- Underlying class
- Common Stock
- Underlying amount
- 13,330
- Exercise price
- Footnotes
- F5, F14
BATL
transaction
Derivative
Cash-Settled Total Return Swaps
Sale
- Transaction value
- Shares
- -13,330
- Change %
- -100%
- Price
- $13.78*
- Shares after
- 0
- Date
- 30 Mar 2026
- Ownership
- See Footnote
- Underlying class
- Common Stock
- Underlying amount
- 13,330
- Exercise price
- Footnotes
- F5, F14
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 14 footnotes
Footnote F1
On March 30, 2026, Luminus Energy Partners Master Fund, Ltd. (the "Master Fund"), sold 681,105 shares of common stock of the Issuer.
Footnote F2
This transaction was executed in multiple trades at prices ranging from $5.52 to $5.74. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F3
As previously disclosed, the Manager planned to distribute 5,200,000 shares of common stock. As Certificate Holders entitled to receive 1,145,542 shares of common stock (the "Segregated Shares") in the aggregate did not either (i) respond or provide the requisite information to the Fund's administrator and the Manager to receive the Segregated Shares, (ii) were unable to accept delivery of the Segregated Shares or (iii) chose not to participate in the distribution (such Certificate Holders being referred to as the "Non Returners"), the Master Fund continues to hold the Segregated Shares and retains both voting and disposition power over the Segregated Shares.
Footnote F4
The Master Fund, however, has no economic interest in the Segregated Shares as the Master Fund is holding the Segregated Shares for the benefit of the Non Returners. The Master Fund can, in its discretion, sell the Segregated Shares on behalf of the Non Returners and/or make one or more distribution in kind of the Segregated Shares to the Non Returners who provide their requisite information.
Footnote F5
Shares reported herein are held by the Master Fund for which Luminus Management, LLC serves as the investment manager. Jonathan Barrett is the ultimate beneficial owner of Luminus Management, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein.
Footnote F6
On March 30, 2026, pursuant to the Series A-2 Certificate of Designations for the Series A-2 Redeemable Convertible Preferred Stock of the Issuer, par value $0.0001 per share ("Series A-2 Preferred Shares"), Master Fund converted 7,803 shares of its Series A-2 Preferred Shares in exchange for 1,800,000 shares of common stock of the Issuer at the conversion price of $6.21 per share.
Footnote F7
On March 31, 2026, Master Fund sold Shares of common stock of the Issuer in two series of transactions for a total of 1,209,377 of common stock of the Issuer.
Footnote F8
This transaction was executed in multiple trades at prices ranging from $3.62 to $3.92. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F9
This transaction was executed in multiple trades at prices ranging from $4.02 to $4.84. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F10
Subject to the terms and conditions of the Series A-2 Certificate of Designations, commencing on April 13, 2024, all or any portion of the Series A-2 Preferred Shares may be converted by Master Fund at any time into Common Stock at the Conversion Ratio. The "Conversion Ratio", for each Series A-2 Preferred Share is the quotient of (i) the then-applicable liquidation preference (as determined in accordance with the Series A-2 Certificate of Designations) and (ii) the then-applicable conversion price.
Footnote F11
The Series A-2 Preferred Shares have no expiration date. If based on the Issuer's financial statements for any fiscal quarter and a reserve report as of the same date, as of such date: (x) the PDP PV-20 value (as determined in accordance with the Series A-2 Certificate of Designations) divided by (y) the number of outstanding shares of Common Stock, calculated on a fully diluted basis is equal to or exceeds 130% of the Conversion Price, then the Issuer may, from time to time until such time that the foregoing conditions are no longer satisfied or a Material Adverse Effect (as defined in the Purchase Agreement dated as of December 15, 2023 (the "Series A-2 Purchase Agreement")) has occurred since the date of the most financial statements that met the foregoing conditions, cause the conversion of all or any portion of the Series A-2 Preferred Shares into Common Stock using the then-applicable Conversion Ratio.
Footnote F12
The Series A-2 Preferred Shares are also subject to redemption by the Issuer at any time following the Issuance Date in accordance with the terms of the Series A-2 Certificate of Designations. In the event of a change of control transaction, the Series A-2 Preferred Shares are subject to redemption or conversion in accordance with the terms of the Series A-2 Certificate of Designations.
Footnote F13
Pursuant to the Series A-2 Purchase Agreement, on December 15, 2023 (the "Issuance Date"), Master Fund acquired from the Issuer 17,211 shares of Series A-2 Preferred Shares convertible into shares of Common Stock for an aggregate purchase price of approximately $16.8 million.
Footnote F14
As previously disclosed, Master Fund has previously entered into certain cash-settled total return swap agreements with several unaffiliated third party financial institutions as the respective counterparties, which provided economic exposure to an aggregate of 144,621 notional shares of Common Stock, (the "Swap Agreements"). On March 30, 2026, Master Fund sold the Swap Agreements to third parties thus relinquishing all rights it had pursuant to such agreements. The Swap Agreements provided the Master Fund with economic results that were comparable to the economic results of ownership but did not provide it with the power to vote or direct the voting or dispose of or direct the disposition of the shares of Common Stock that were the subject of the Swap Agreements.
SEC remarks
On April 1, 2026, the reporting person filed a Form 4 indicating that the transactions in the Issuer's securities reported therein where on behalf of only one reporting person, Luminus Management, LLC. In fact, as reported in this amendment, the securities are beneficially owned by three reporting persons, Luminus Management, LLC, Luminus Energy Partners Master Fund, Ltd. and Jonathan Dan Barrett. See Footnote 6 below for additional detail on that beneficial ownership.